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April 23, 2023Markets closed sideways but Direxion Daily FTSE China Bull 3X Shares, ProShares Ultra VIX Short-Term Futures ETF, SPDR S&P Metals and Mining ETF drop and make it on this unflattering list of Friday's losing etfs.
A quick update: markets did not have a clear cut direction — Nasdaq closed 12,072 after a stable day. Dow Jones closed at 33,800 after a flat day.
While markets traded sideways Friday, some etfs suffered significant losses. Here is the list of Top Losers from Friday:
ProShares Ultra VIX Short-Term Futures ETF | -2.84% at $3.77
ProShares Ultra VIX Short-Term Futures ETF traded as high as $19.49 before shedding 68.14% lower over the past six months.
Losing streak continues: SPDR S&P Metals & Mining ETF down $1.33, closed at $50.19 adding to its four days of losses
More of the same from Friday's session: a tough session dominated by bearish sentiment left XME $1.33 lower, while setting a $49.8 to $51.04 session range.
Losing streak continues: Direxion Daily FTSE China Bull 3X Shares down $2.04, closed at $41.56 adding to its five days of losses
Friday's session continued the recent downtrend: a tough session dominated by bearish sentiment left YINN $2.04 lower, while setting a $40.8 to $41.98 session range.
